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Bitcoin reverses weekend rally to drop below US$40,000

By 2021-08-02 No Comments

August 02, 2021 12:43 PM

HONG KONG (BLOOMBERG) – Bitcoin retreated Monday (August 2) back below US$40,000 after climbing over the weekend to the highest levels since May. The largest cryptocurrency fell as much as 4.9 per cent and was trading at US$39,790 before noon in Hong Kong.